Sorry for a wrong number in there.
4040 should be 5040 both times.
Colin Twiggs uses the same method as do many as at least one calc.
Obviously many look at the Fib extensions in between.
I see Twigggs has applied it to XAO but on a closing basis and hence gets a somewhat higher number.
It isn't a prediction of mine just a way of justifying the long term charrt trend and ma.
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Sorry for a wrong number in there.4040 should be 5040 both...
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